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20121212
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CNBC
Dec 12, 2012 4:00am EST
hasn't put on the table before. in an interview with abc news, president obama says he still expects a deal before the end of the year. >> i remain optimistic that there are enough people of goodwill who recognize the economy will be better off. american families will be better off if we get this done. the most important thing we can do is make sure that middle-class taxes do not go up on january 1. i'm confident that republicans would not hold middle-class taxes hostage to try to protect tax cuts for high income individuals. >> you see president obama's full interview with barbara walters friday on "20/20." boehner is demanding more details on spending cuts. the administration has made expensive proposals to reduce spending, but the republicans haven't offered specifics on revenue hikes. >>> today the federal reserve wraps up its two-day meeting with a decision at 12:30 eastern followed by updated economic projections from fomc members at 2:00 p.m. and ben bernanke's press briefing at quarter past. the fed is expected to announce a new round of bond purchases as its latest program, op
CBS
Dec 12, 2012 7:00am PST
issue a new republican budget budg proposal, one that came after mr. obama sent an offer to mr. boehner tuesday. before boehner took to the house floor to criticize the president. >> the longer the white house ze slow walks this process the closer our economy gets to the fiscal cliff. >> reporter: mr. obama's new proposal lowered his request for tax revenue from $1.6 trillion in ten years to $1.4 trillion.trillion on tuesday the white house threw corporate tax reform into the mix, adding it to the already agreed upon push next year for reform of individual tax rates.dismisse boehner's described it as unrealistic and said the tax revenue was "a red herring." the top senate democrat doubted a fiscal cliff deal would be l cli wrapped in time for christmas. >> i think it's going to be extremely difficult to get it done before christmas. >> reporter: speaker boehner is meeting at this hour with house republicans. despite all the gloom the president said he remains confident a fiscal cliff deal will get done. charlie and norah? >> major garrett thank you. nancy pelosi leads the democ
FOX Business
Dec 11, 2012 7:00pm EST
demands to raise taxes, boehner said no new taxes, obama can have his tantrum, the a-team weighs in. >> and president's job czar has a healthy respect for government efficiency, at least in china, ge's ceo's stunning analysis of the communist economic and political system. record finds for wall street's money laundering bank of record, mexican drug cartels, middle east terrorists, african dictators all among hsbc's clientele, and no one is going to jail? why not? legal experts join us here next. what i really need is sleep. introducing the ishares core, building blocks for the heart of your portfolio. find out why 9 out of 10 large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which inclus investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. governor of getting it done. you know how to dance... with a deadline. and you...rent from national. because only national lets you choose any car in the aisle... and go. you can even take a
FOX Business
Dec 11, 2012 10:00pm EST
into the markets tomorrow. fox news confirming president obama and the house speaker did talk on the phone today and traded proposals. advisers to the presidency the two sides are making progress. as with a market, stocks finied well off of flies, but still up solidly. the dow up 79 points, s&p nine, nasdaq 35. all three indexes moving above their 50 day moving averages for the first time in three months. volume picking up on the big board. three and a half billion shares traded. technology, the principal driver in the market. microsoft up on news it is upn production of its surface table, service tablet to better compete with appe, on a bullish report from merrill lynch about the growth of the smart phone and ipad markets. aig stock up on news the government sold the remaining common shares it holds. the sale means taxpayers realize the profit of $22 billion on the iginal bailout of 1,802,000,000,000. prices in the bond market down, pushing the yield on the treasury ten year to 165%. crude oil up. the price of a barrel of oil still under $86. the federal reserve and its today meetin
FOX News
Dec 11, 2012 4:00pm PST
president obama and the house speaker john boehner talked by phone tonight after each put new offers on the table. we are live in d.c. with the late breaking details on that. plus, we're getting more new reports from portland, oregon where there has been a series of shootings at the clackman's center mall. we can now report that multiple witnesses are saying to multiple television stations that a gunman had a rifle that more than 60 shots were fired and this is new. he was trussed in camo and wearing a mask and to the best of our knowledge, he is still in there somewhere. continuing breaking news coverage after this. ory keeps c. ory keeps c. so i'm not listening... to anyone but myself. i know better nutrition when i see it: great grains. great grains cereal starts whole and stays whole. see the seam? more processed flakes look nothing like naturalrains. you can't argue with nutrition you can see. great grains. search great grains and see for yourself. for multi grain flakes tt are anxcellent source of fiber try great grains banana nut crunch and cranberry almond crunch. clack mass, [ thun
ABC
Dec 11, 2012 5:00pm PST
. >>> one-on-one. an abc news exclusive. president obama sitting down with barbara walters, and making news about america's role in the civil war in syria. >> that's a big step. >> it is a big step. >>> defeating depression.
MSNBC
Dec 11, 2012 11:00pm PST
favor of obama care. that was quite a moment. >>> up next, the new movie "zero dark thirty" suggests we wouldn't have gotten bin laden without torturing terror suspects. not everyone agrees, and that's ahead. you're watching "hardball," the place for politics. >>> i'm paige hawkins with breaking news. >>> welcome back to "hardball." one of the most anticipated movies of the holiday season is "zero dark thirty," the story of the manhunt for osama bin laden. critics have praised it, but it's not without controversy. the film shows brutal scenes of torture against an al qaeda detainee. many who have seen it say torture provided the groundwork for capturing and killing osama bin laden. one critic says, as a moral statement, "zero dark thirty" is borderline fascistic. as a piece of cinema it's phenomenally gripping. an unholy master work. the director kathryn bigelow said the movie was honest in its depiction of torture. let's hear it. >> i think the film doesn't have an agenda. i think it shows the story of the greatest manhunt in history, and that's part of the history. >> but how hones
MSNBC
Dec 12, 2012 2:00am PST
movement in negotiations. president obama and house speaker john boehner did speak by phone last night. that conversation came after the president offered to reduce his initial request for $1.6 trillion in new revenue to $1.4 trillion but is reportedly not backing down on raising taxes for the top 2%. boehner's spokesman said republicans are still seeking further concessions on spending cuts. >>> well, there are some new details this morning on that london nurse who took her own life after passing through a prank call at the hospital that was treating kate middleton for extreme morning sickness. jacintha saldanha's family reveals that she left a suicide note, though they haven't released details of what that note said. earlier this week, the two deejays who made the call said the tragedy has left them shattered, gutted and heartbroken. >>> now, here's your first look at this morning's "dish of scrambled politics." mitt romney wasn't the only one caught off guard last night. it is reported the powerful conservative koch brothers are postponing a gathering set for next month until april.
ABC
Dec 12, 2012 1:40am PST
obama's comments on syria and the fiscal cliff made headlines. it's another abc news exclusive. >>> later, the advantages of inhaling rather than chewing. you're watching "world news now." ching "world news now." i'm done! "are you a cool mom?" i'm gonna find out. [ female announcer ] swiffer wetjet's pads are better than ever. now they have the scrubbing power of mr. clean magic eraser so you don't have to get down on your hands and knees to scrub away tough, dried-on stains. hey, do you guys think i'm "momtacular" or "momtrocious"? ♪ [ female announcer ] swiffer. now with the scrubbing power of mr. clean magic eraser. i just wish i could keep it this way. [ male announcer ] now you can. with the crest pro-health clinical line. used together, they help keep your teeth 97% as clean as a dental cleaning. the toothpaste actually reduces plaque. and the rinse reaches all areas and is clinically proven to help prevent plaque regrowth. crest pro-health clinical line. together, they help keep your teeth 97% as clean as a dental cleaning. crest. life opens up when you do. ♪ >>> a
MSNBC
Dec 12, 2012 11:00am PST
again. thank you both. president obama calls it a big step in a new interview. the president recognizes the syrian opposition for the first time. >> the syrian opposition coalition is now inclusive enough and reflective and representative enough of the syrian population. >> the "new york times" said the announcement draws a sharper line between the elements of the opposition and the u.s. supports and rejects. i will talk to bobby gauche. a "wall street journal" poll being released tonight, the question, do you think leaders in congress should compromise or stick to their positions when it comes to the budget deficit? that is the question. how would you answer? we will show you the results of our poll. i will show you the conversations on twitter. it's on tamronhall. the holidays are here and we're here with cyreeta talking about the walmart low price guarantee. that's your receipt from another store? it is! let's put it to the test. alright! that's walmart's everyday low price. get out! ok, but i'm taking these! ready? yes. there you have it! that much? that's the walmart low
MSNBC
Dec 11, 2012 4:00pm PST
exchanged new proposal tsds today. and president obama and boehner have spoken at this time. quote, we sent the white house a counteroffer that would achieve reform to solve our looming debt crisis and create more jobs. that's all we know. dana milbank, they say it's good. they said it will solve our problems. they won't say what it is. explain. >> well, look, we're still in the fairly early stage of posturing here, and nobody can strike a deal until they get closer to it, until their feet are to the fire. >> when do you say the fire begins? >> nobody can make any prediction for sure -- >> try. >> they could hammer this out in three hours if they really wanted to. >> that's right. >> but if they don't wait until the very end of december or even go over the cliff -- >> i think it's 21. i'm going to bet on -- what's your hunch about this, ron reagan? you're here -- i think they're going to try to get it done by christmas just for efficiency's sake and not to scare the horses. that's the thought i have. i may be conservative about this. >> yeah, i think you're right, they'd like to, but i
MSNBC
Dec 11, 2012 7:00pm PST
seen is whether the treats as outcasts or are party's new standard. it is president obama's first term that may strangely pale in comparison with hitz second. for republicans to get in on the game, they must acknowledge that the country has changed, and so too must they, ideally with full hearts and good will. as the president has said countless times the arc of the moral universe is long but it bends towards justice. the gop has taken full advantage of this and dragged its feet on justice, but that time unless action is taken the party's time is coming to a close. look this isn't my first christmas. these deals all seem great at the time... but later... [ shirt ] merry christmas, everybody! not so much. ho ho ho! this isn't that kind of deal. [ male announcer ] break from the holiday stress. save on ground shipping at fedex office. hi, i'm ensure clear... clear, huh? i'm not juice or fancy water. i've got nine grams of protein. that's three times more than me! [ female announcer ] ensure clear. nine grams protein. zero fat. in blueberry/pomegranate and peach. humans -- sometimes
CBS
Dec 11, 2012 5:00pm PST
opposition group as th, quote, "legitimate representative" of that >>> new at 5:00, president obama says the u.s. now recognizes syria's main opposition group as the legitimate representative of the country's people. the president's comments paved the way for greater u.s. support as the group tries to oust syrian president assad. >>> meanwhile, as the "fiscal cliff" deadline approaches, indications that the president and house speaker john boehner are reportedly talking again, at least by telephone. among the proposals, the white house may agree to less tax revenue but the speaker still wants to see what cuts the president will make. but publicly, neither side is giving anything away. >> we're still waiting for the white house to identify what spending cuts the president is willing to make as part of balanced approach that he promised americans. >> what is required is, you know, agreement by republicans to some specific revenues that includes raising rates. >> there is no indication that the president will compromise on taxes on the wealthy going up. >>> a soon-to-open bay area restauran
FOX Business
Dec 11, 2012 9:00pm EST
including a new report on the success of both the boehner and the obama fiscal cliff plan. hint hint, neither are successful. now, does the speaker of the houshave the file behind him in the deal making progress? are some lawmakers breaking away from theeader? congressman tim gives us the scoop next. we'll be back. ♪ ♪ [ male announcer ] they are a glowing example of what it means to be the best. and at this special time of year, they shine even brighter. come to the winter event and get the mercedes-benz you've always wished for, now for an exceptional price. [ santa ] ho, ho, ho, ho! [ male announcer ] lease a 2013 glk350 for $399 a month at your local mercedes-benz dealer. gives you 1% cash back on all purchases, plus a 50% annual bonus. and everyone...but her likes 50% more cash. but i'm upping my game. do you want a candy cane? yes! do you want the puppy? yes! do you want a tricycle? yes! do you want 50 percent more cash? no! ♪ festive. [ male announcer ] the capital one cash rewards card gives you 1% cash back on every purchase plus a 50% annual bonus on the cash you earn
FOX News
Dec 12, 2012 8:00am PST
right, jon. president obama reduced his new revenue demand from $1.6 trillion over 10 years to $1.4 trillion over 10 years. house speaker john boehner says he is the most optimistic guy in washington but serious differences remain and the republicans may not feel like they have a whole lot of leverage in the negotiations with a democrat in the white house and democrat controlling the senate but they are threatening when it comes to the calendar. take a listen. >> the president seems to be walking you ever so slowly towards the cliff. we've said we're committed to staying here. we're going to stay here right up until christmas eve, throughout the time and period before the new year because we want to make sure that we resolve this in an acceptable way for the american people. >> reporter: of course the president would like to go to hawaii for the annual vacation. lawmakers would like to go home to be with families over christmas holidays. threatening to work through the holidays may get some people's attention, jon. jon: we haven't heard from the president so far today as far as i kn
ABC
Dec 12, 2012 7:00am PST
. we're beginning with an abc news exclusive interview with president obama. we have learned the president and house speaker john boehner have traded new proposal affecting every american's wallets, specifically whether our taxes go up at year's end. jake tapper has the new details. >> reporter: president obama minced no words in an exclusive interview with abc's barbara walters. >> taxes are going to go up one way or another. and i think the key is to make sure that taxes go up on high-end individuals, like you and me, barbara. we can afford it. >> reporter: the president told barbara walters, he remains optimistic. >> are we going to go over the fiscal cliff? >> i'm pretty confident that republicans would not hold middle-class taxes hostage to try to protect taxes for high-income individuals. >> reporter: the president and house speaker john boehner are at least talking. the president made an offer monday, asking for $1.4 trillion in new taxes over ten years. including raising tax rates on the wealthy. the speaker counter on tuesday. offering $800 billion in new tax revenue, al
PBS
Dec 11, 2012 5:30pm PST
white house a counterproposal in response to a new plan president obama offered up privately yesterday. a boehner aide said the g.o.p. is waiting for the president to identify spending cuts, a point the speaker made on the house floor earlier today while white house press secretary jay carney called on republicans to get serious about revenue. >>here are the psint's spenng cuts? the longer the white house slow-walks this process, the closer our economy gets to the fiscal cliff. now, if the president doesn't agree with our approach, he's got an obligation to put forward a plan that can pass both chambers of the congress. because right now the american people have to be scratching their heads and wondering when is the president going to get serious? >> on that question of whether or not we have put forward specific spending cuts, the answer is is we have. not only that, we signed law a trillion dollars in specific spending cuts. so if you combine what is signed into law with what we proposed versus the total absence of any specificity from the republicans for a single dollar in
FOX News
Dec 12, 2012 3:00pm PST
interior ministry, president obama confirmed interview with abc news that some of the rebels now have official u.s. backing. >> we have made a decision that the syrian opposition coalition is inclusive enough, is reflective and representative enough of the syrian population that we consider them the legitimate representative of the syrian people in opposition to the assad regime. >> less than 24 hours after the president's statement, u.s. officials confirmed the intelligence showed the conflict is escalating. >> we are seeing use of another egregious weapon, barrel bomb. an incendiary bomb containing flammable materials. it's indris crimnant in terms of civilian. >> the move to recognize element of the opposition, some brought in exile brought rebuke from the foreign minister, whose government backed negotiation between bashar assad and the opposition. given u.s. involve in the libya and iraq to bring down their dictators, analysts predict the deepening division between the white house and the russian president. >> he has seen american match nations bring down gaddafi, saddam. they ar
ABC
Dec 11, 2012 5:30pm PST
. since then, 40,000 people have been killed. well, today, president obama had some big news. for the first time, he is putting the syrian opposition on the path to be recognized as the new government if and when assad falls. i'd like to talk about syria. do you plan to recognize the opposition and give them some legitimacy? >> we've made a decision that the syrian opposition coalition is now inclusive enough, is reflective and representative enough of the syrian population, that we consider them the legitimate representative of the syrian people, in opposition to the assad regime, and so we will provide them recognition and obviously with that recognition comes the responsibilities on the part of that coalition. >> reporter: that's a big step. >> it is a big step. there is a small element of those who oppose the assad regime that are, in fact, affiliated with al qaeda in iraq. and we have designated them, al nusra, as a terrorist organization. and we are going to make clear to distinguish between those elements of the opposition. >> reporter: for the president, recognizing the sy
KOFY
Dec 11, 2012 9:00pm PST
. >> but not extreme. that's the good news >> exactly right. >> thank you very much. >> land deal 14 years in the making. come up. open space agreement that saves the mountain top and keeps bay area landmark pristine. >>> plus why president obama can now be called a pre-historic lizard king. stay with us. 7 news at 9:00 with us. 7 news at 9:00 continuesf @ abouout we have ignition. 2, 1, and lift off. lift off of the. >> launch this morning of air force rocket from cape canaveral, florida miss steer thus evening. it's carrying a top secret military spacecraft called the x 3 7 d. that looks like a miniature space shuttle on highly classified mission. it is the third launch of the x 37. last 2 landed the edward air force base this may landing back at the cape. >>> well another glimpse that the future from the san francisco 49ers tonight. the team announced a deal to pack their new santa clara stadium with game changing technology. cooep a explains what that means for fans. >> they say sony will help make the new santa clara stayed automatic lead intercutting edge technology and give
MSNBC
Dec 12, 2012 3:00pm PST
can't win. new evidence today that president obama is in a strong position in this nation's fight for fairness. and republicans are on the losing end of this fight. now, new polls show 65% of americans believe the president does have a mandate to raise taxes on the wealthy. 62% say he's got a mandate to protect medicare. and 64% says he's got a mandate to protect social security. that is a winning hand. the president has it and he knows it. >> i'm pretty confident that republicans would not hold middle class taxes hostage to try to protect tax cuts for high income individuals. >> and get this. 160 ceos from america's biggest companies are also now saying it's time to raise taxes on the rich. but, speaker john boehner is sticking to his talking points; at least publically. he's refusing to budge. >> the longer the white house slow walks this discussion, the pa closer we get to this year's fiscal close. >> boehner can blame the president all he wants. the reality is americans want to compromise. a new nbc wall street journal shows 65% want both sides to come together and make a deal. bu
MSNBC
Dec 12, 2012 2:30am PST
president bashar al assad's rule. president obama made the announcement in an interview with abc news just hours before a meeting of syrian opposition leaders and their international allies in morocco. >> we've made a decision that the syrian opposition coalition is now inclusive enough, is reflective and representative enough of the syrian population that we consider them the legitimate representative of the syrian people in opposition to the assad regime, and so we will provide them recognition. and obviously, with that recognition comes responsibilities on the part of that coalition -- >> that's a big step. >> it is a big step. there is a small element of those who oppose the assad regime that are, in fact, affiliated with al qaeda in iraq, and we have designated them as a terrorist organization, and we are going to make clear to distinguish between those elements of the opposition. >> well, despite recognizing the rebel movement, the white house press secretary, jay carney, confirmed earlier in the day that the u.s. doesn't plan to provide arms to the rebels. last week, u.s. offic
CBS
Dec 12, 2012 4:00am PST
republican proposal. it comes after the obama administration lowered its request for new tax revenue from $1.6 trillion in over ten years to 1.4 trillion. but before the call boehner was critical of the president. >> right now the american people have to be scratching their heads and wondering when is the president going to get serious. >> the economic uncertainty comes at a time when retailers are hoping for strong holiday sales. the prospect of higher taxes for all americans threatens to sink consumer confidence. >> the specifics of the deal are not as important to us as getting a deal. >> now, in that abc news interview with barbara walters, the president said he thinks the american people will be better off with a done deal. harry reid who's a senate majority leader says he does not expect a deal before christmas. terrell. >> we'll have to see. susan mcginnis in washington. thank you so much. >>> today in morocco, they opened a meeting to discuss the syrian crisis. they're expecting to give them null political recognition during that same interview set to air on friday night on "
Comedy Central
Dec 12, 2012 1:30am PST
. (laughter) (cheers and applause) now obama won't budge off his calls for $1.6 trillion in new tax revenue over the coming decade, mostly from increasing tax rates and taxes on upper-bracket earners. folks, that's just punishing our nation's job creators. america's billionaires are the engine that drives our economy through smart investments! and occasionally through dumb ones. (laughter) today house speaker john boehner struck back with his plan to cut spending by demanding obama come up with boehner's plan to cut spending. (laughter) >> a lot of people know that the president and i met on sunday it was a nice meeting, it was cordial but we're still waiting for the white house to identify what spending cuts the president is willing to make, where are the presidents spending cuts? >> stephen: now critics say the speaker is just asking democrats to put specifics in into the republican proposal but i say that's kind of fun. it makes the budget into a giant mad-lib. for instance, we agree to cut ten be zillion from the program that gives ukuleles to the sticky poor. toilet boom! (chee
MSNBC
Dec 12, 2012 2:00pm PST
bring down obama. anyway, the new nbc poll shows democratic party approval higher than republican. approval of the democrats 44%. of republicans 30%. it shows that 59% that president obama has a mandate to eliminate tax cuts for the rich. how do you look at that, chip? that's solid that 59%. how can the republicans on the hill deny it? >> well, we lost a major -- we lost a national election, obviously. we didn't gain control of the senate. we did get control of the house. president obama is the guy that beat us. and so they're riding high right now. and they have framed this issue about tax increases on the rich. and as i jokingly say when you polled 98% of the people they always agree tax the other guys. and when we -- >> i know. don't tax me. tax the guy behind the tree. let me ask you a question. you're a great guest. would mike huckabee had won this general election if he was the nominee? >> i'm biased, but i think he would have had an opportunity to win and beat obama for one simple reason. he's a conservative but he's not angry about it. and he's able to discuss what he beli
CBS
Dec 12, 2012 12:00pm PST
. president obama, house speaker john boehner spoke by phone last night after republicans sent a new deal offer but senate majority leader harry reid isn't very happy about the discussion on the senate floor this morning. reid compared the back and forth between the gop leaders and the white house to the peanuts comic strike where charlie brown tries to kick the football that keeps getting yanked away. >> we are not going to fall for that again. the american people aren't going to be under the illusion that the republicans are sometime in the future going to come up with revenue. they are going to come up with raising the rates or, madam president, we are going over the cliff. >> well, if congress and the white house can't team up and reach a deal by new year's eve, automatic tax hikes and steep spending cuts will take effect which could send the united states back into recession. and clearly have a lot of work to do. >>> a dungeness deal has bay area crabbers out on the water again. they went on strike after brokers tried pay them less than $3 a pound. the strike meant there was little f
FOX
Dec 12, 2012 4:00am PST
. president obama also recommends $400 billion in spending cuts. representative boehner's calls for $800 billion in new revenue, $600 billion in savings from medicare and medicaid, and $300 billion from other domestic programs. in a big slip for small business, confidence took a tumble in november. the national federation of independent business says its confidence index of small biz owners dropped 5.6 points last month - that's one of the largest drops the study has ever shown. the group says the fiscal fiasco in washington, along with the upcoming healthcare overhaul, is shattering optimism within the sector. however, it's not all doom and gloom. some business owners are expecting better sales and improving credit conditions in the new year. if you've had a positive experience at a jp morgan bank of late, you're not alone. the nation's largest bank by assets has jumped to first place in the american customer satisfaction index, edging out perennial favorite wells fargo. the survey interviews 70,000 customers each year on their satisfaction levels with checking, savings and personal loa
CNN
Dec 12, 2012 2:00am PST
president obama originally proposed $1.6 trillion in new revenue. he wants to raise the tax rates on the wealthiest americans. now we're being told that he's revised that number down to $1.4 trillion. that's obviously a difference of $200 billion. a democratic aide also telling cnn, i'll read the quote, that offer was coupled with a serious spending cut number with real entitlement reform. so that's from the white house side. on the counterproposal from the republicans, we don't have a lot of details on that, but from boehner's office, republicans are basically awaiting spending cut specifics from the white house. meanwhile, as this goes on, you can imagine that lawmakers here in washington are still sniping as you mentioned publicly. take a listen at the latest from john boehner. >> if the president doesn't agree with our approach, he's got an obligation to put forward a plan that can pass both chambers of the congress. because right now, the american people have to be scratching their heads and wondering when is the president going to get serious. >> on the other hand, democrats
CNBC
Dec 12, 2012 6:00am EST
before. in an exclusive interview with barbara walters of abc news, president obama says he still expects a deal before the end of the year. >> i remain optimistic that there are enough people of goodwill in this town that recognize our economy will be much better off. american families will be much better off if we get this done. the most important thing we can do is make sure that middle-class taxes do not go up on january 1. and i'm pretty confident that republicans would not hold middle-class taxes hostage to try to protect tax cuts for high-income individuals. >> prediction -- are you going to be able to raise taxes, yes or no? >> oh -- taxes are going to go up one way or the other. >> they are? >> i think the key is to make sure that taxes go up on high-end individuals like you and me, barbara. we can afford it. >> you can see the rest of that interview on "20/20" this friday. >>> markets are watching every move out of washington. the industrials opened higher by 45. the nasdaq would open higher by 10. the s&p 500 would open higher by six. >>> and the fed wrapping up its two
PBS
Dec 12, 2012 12:00am PST
obama and house speaker john boehner spoke by phone after the two sides exchanged new proposals this week in fiscal cliff negotiations. and late today mr. obama said the administration will recognize a coalition of syrian opposition groups. online, we look at a truly long- term reporting assignment. hari sreenivasan has more. >> sreenivasan: paul salopek is about to spend seven years tracing the ancient path of human migration around the globe. we talked about his route, the shoes he'll wear, and his emphasis on "slow journalism." and what's it like to have breast cancer in the poorest nation in the western hemisphere? that's next from our series with "pri's the world" on cancer in the developing world. all that and more is on our web site, newshour.pbs.org. ray? >> suarez: and that's the newshour for tonight. on wednesday, we'll look at the world in the year 2030. one intelligence report projects china will be on top economically, and the u.s. will be energy-independent. i'm ray suarez. >> woodruff: and i'm judy woodruff. we'll see you online, and again here tomorrow evening. thank
CNBC
Dec 11, 2012 7:00pm EST
later. president obama, i'm going to switch gears now. he has hired 101 new government employees every day since i took office in 2009. that comes to 143,000 over paid workers. let's talk to chris edwards director of tax and policy at the kato institute. but besides this number 143,000 workers, when everybody has basketball getting laid off. average civilian pay, average federal workday, $134,000. that is $32,000 more than the average pay. that is astonishing. >> if you look at total compensation, the average worker does $124,000 a year versus $68,000 a year. the benefits are amazing. they get a 401(k) styled pension and they get high job security. they are laid off one quarter of the rate that high workers are. we don't want to draw the best and most skilled workers in washington. >> it is interesting to me, people seem to know this. 67% of us think that the people in the private sector work harder than those in the public sector. the federal workforce has more machine money. we are supposed to be having budget cuts. why isn't anyone looking for it. this is one of the areas where repu
MSNBC
Dec 11, 2012 10:00pm PST
. we know president obama and john boehner met privately on sunday and nbc news is reporting the two men spoke on the phone tonight the discuss the latest proposals. the white house is not talking about the details. let's bring in beltway bosom buddies. and ryan grim, the huffington post bureau chief. highly, highly awkward. gentlemen, let's talk first about this loose lips sink ships policy that seems to have been adopted in a bipartisan fashion. ryan, are we to believe that the fact that we are not learning anything about the specifics of any deal is a good sign? >> depends on what you mean by good. if you think this deal is a good thing, then maybe that is good. i might rather see it go off the side of this desk here. but it's a little more serious for sure. they have all agreed they will be nice to each other for at least a few hours after they have exchanged these deals. the last time that geithner came over, geithner didn't come with paper. so republicans typed it up on paper and then leaked it out and said here's what geithner came with. so they created joke and called it a jo
CNN
Dec 12, 2012 11:00am PST
, his first position was no new taxes. president obama was asking for new taxes totalling $1.6 trillion. after the election speaker of the house ponied up an offer of $800 billion, exactly halfway between his zero and the president's $1.6 trillion. and then this week the president countered at $1.4 trillion. and were they to split the difference, doing simple math here, you would be looking at new tax revenues of $1.1 trillion. do you think, ben stein, that's where they're headed right there in the middle, $1.1 trillion? >> i don't know exactly where they're headed but we're headed for higher taxes. the palmy days for the rich when the taxes got lower and lower and lower in the bush administration are over. the happy times that the country -- we're going to have higher income taxes, much, much higher estate taxes, i suspect. the good times for those who have money to burn, well, they'll still have money to burn, but not quite as much money to burn. there have to be revenue increases. there has to be tax rate increases. i hate to say it, i'm a modestly upper income taxpayer myse
MSNBC
Dec 11, 2012 6:00pm PST
high-income individuals. >> there is big news tonight out of washington where speaker john boehner and obama are talking. this is actually not nothing, not in this town. early last week they really weren't talking, and neither were their staffs. progress on what to do about all those expiring tax cuts and schedule spending cuts and that possible recession congress might create, totally stalled. but now today they are talking, and their staffs are talking, and they're even exchanging paper, real paper. news leaked today that in the last few days, there have been new offers and new counteroffers in the negotiations. but they sound, to be honest, not that different from the old offers. reports that mr. obama has gone from $1.6 trillion in taxes to $1.4 trillion but hasn't budged much on entitlements. mr. boehner really hasn't moved on taxes at all. he is still i'm told at $800 billion, although details on his offer are sparse. earlier today i asked michael steele, john boehner's press secretary for details on the, quote, deal. i was writing quickly and meant to say offer, but i wrote deal
CNN
Dec 12, 2012 4:00am PST
and "the detroit news." obama sold jeep to a company in china. >> that only aired in toledo but it was the aftermath that went crazy. let's talk about that. >> absolutely, in fact the reason we chose it, it was just so brazen. it began with something romney said on the campaign trail, they put out that ad, they also put out a radio ad that said the same thing, and they continued to repeat it even after chrysler and the fact checkers had said it was simply not true. jeep was actually expanding its production in the u.s. the reason it was thinking of building, that it's planning to build a plant in china is to meet the increased demand for jeeps in china, so it was just blatantly false and yet they persisted with it. >> you know what's interesting, too, remember when the chrysler ceo, sergio marchione had to put out a statement basically saying, liar, liar, pants on fire, this is not going to happen. that's never, or more nicely i'm obliged to unambiguously restate our position. jeep production will not be moved from the united states to china. it is inaccurate to suggest anything di
ABC
Dec 12, 2012 5:00am PST
deadline passes without a deal the tax cuts could be repealed. new poll shows the president holding a substantial advantage over boehner handling the budget negotiations. 49% approve of mr. obama's handling of the talks, 25% support boehner. >>> 49ers fans who attend games at the new facility can expect a state-of-the-art stadium the team has announced a deal with sonny to pack the site with game-changing technology. fans will watch replays on l.e.d. monitors, 2500 throughout the facility offering resolution four times higher than standard hd, no need for a monitor in the back of every seat. you can use your cell phone to order food and have it delivered to your seat. >>> developer of two san francisco residental projects secured millions in funding to move forward. bloomberg is reporting one of the largest u.s. home builders has lined up 1.7 billion dollar loan from china development bank. plans call for 10,500 homes at hunter's point and 8,000 residences on treasure island. it would create two new neighborhoods in a city short on housing. >>> new school district one of 16 to be aw
CSPAN
Dec 12, 2012 7:00am EST
under fire. television analysts gathered last week to hear some distressing news, showing that president obama far outperformed mitt romney in managing to target using their single expenditures of the campaign, tv advertising. the story goes on to look at the strategies of the campaign and where they were effective and where they were not. from "the washington times," a drone is deployed to spy on a farmer. host: our question for you this morning is what you think about tax deductions. what would you be willing to give up? keith, minn., good morning. caller: you are asking what people could afford to give up. i think that a lot of people cannot afford to give up anything, they are constantly being taken advantage of, having their money stolen from them. everyone is allowed to basically take advantage of the public and we have no representation. a lot of people are just struggling to hold on, rather than continuing with everyone asking them, telling them they have to sacrifice. we have nothing left to sacrifice. we have given up everything, savings, everything. corporations, car
ABC
Dec 12, 2012 4:00am PST
its new leader. gloria riviera, abc news, seoul. >>> the u.s. is making a major diplomatic move, by officially recognizing syria's main opposition group as the new legitimate representative of the syrian people. president obama announced the move yesterday. it was part of an exclusive interview with abc's barbara walters. he also recognized that a small amount of the opposition has ties to al qaeda. the u.s. has declared them a terrorist organization. trying to prevent an extremist future for that war-torn country. >>> the president and house speaker john boehner taking small steps to avoid the fiscal cliff. they spoke by phone again last night. but still doesn't appear to be any closer to a deal. >>> the governor of michigan has signed that controversial, new law which limits the influence of organized labor in the state. hundreds of union workers had protested the legislation ahead of the governor's action. michigan joins 23 other states with so-called right-to-work laws. those laws ban requirements that nonunion employees pay union dues for negotiating contracts and other service
FOX News
Dec 12, 2012 3:00am PST
doocy is life in washington. >> the speaker of the house john boehner thinks that president obama moved the goal post again yesterday. even though the president is asking for 1.4 trillion in new taxes over the decade which is 200 billion less than the initial offer, the republicans are not moving. their counter offer for 800 billion over a decade same as before and republican aids are telling us there is's big gulf between the sides on detailings. republicans don't think that the president is specific enough about the spending cuts he's willing to pass. >> the president doesn't agree with our approach. he's got an obligation to put forward a plan to pass both chambers of congress. right now the american people have to be scratching their head and wondering when the president is going to get serious. >> officials privately expresss would increased optimism about a deal with one senior audiovisor saying that democrats and republicans moved 75 percent of the way toward a deal and in an brew with barbara walters on abc, president obama said he is optmistic that there are enough people
CNN
Dec 12, 2012 8:00am PST
handling these negotiations better. the latest abc news "washington post" poll says 49% of americans think president obama is doing a better job of all of this, while only 25% say they approve of speaker boehner's efforts. those aren't the numbers you want to see if you're the speaker right now. our senior congressional correspondent dana bash has been working her sources throughout the morning, joining me live now from washington. one of the things i see, dana, that's so frustrating, is we get a lot of rhetoric on television and we hear later about secret conversations. i just wonder how much rhetoric is going on behind closed doors or if they're really getting closer. >> reporter: well, you just mentioned there was a monphone l between the speaker and the president, and by all accounts, it really did not go well. i'm learning new information about why that may have been. i talked to a democratic source that the counteroffer the house republicans sent back to the white house late yesterday included a call for a permanent extension of bush era tax cuts for the top 2%. you know we've
CNN
Dec 11, 2012 4:00pm PST
story, we are just learning now that president obama and the white house or rather, president obama and the house speaker have spoken tonight. good news. this after they each fired another shot in the ongoing fight over how to resolve this fiscal cliff mess. cnn is now getting details about two new offers that were made and previously undisclosed, too. they kept a pretty tight lid on them. one of them by president obama, that was yesterday, then a counteroffer by the speaker. that was today. all of this as the president tells abc news tonight that he is confident that republicans will not hold middle class tax cuts hostage. so there's a lot of news that's all of a sudden coming out. after some relative quiet. our white house correspondent dan lothian is on the case and joins me now by telephone, because you've been working your sources. take me into the conversation. all of this breaking late today and it sounds good. it sounds at least like there's some movement, dan. >> reporter: that's right. that's always been the issue, because as you know, it was just last week we were talking
MSNBC
Dec 12, 2012 8:00am PST
about this. should this congress even make a big deal? the new congress that was elected by the american people with barack obama probably is the one that should make the larger grand deal. what they need to do is get through the end of the year. i agree with ari, a clean slate would be great but i really don't see what the republicans' play is. spending cuts aren't popular either. do they think they're going to improve their brand by saying we're going to cut school lunches and the post office? do they think that will make it better for them? they would be best off just going ahead and taking the tax deal now and why they won't do that literally baffles me. >> both teams look like they're running down the clock. that's all they can agree on right now. joy-ann, ari, alice, my thanks to all three of you. appreciate your time. >>> we will talk to somebody now who really knows what it's like to be in house speaker john boehner's shoes. i'm joined by former house speaker dennis hastert. sir, great to have you here. i want to start with this tense phone call we have been reporting on
FOX
Dec 12, 2012 5:00am PST
barack obama and house speaker john boehner had a phone conversation and following the meeting, the white house offered a new proposal lowering its tax revenue from 1.6 trillion to 1.4 trillion. house speaker john boehner offered an undisclosed counteryesterday. >>> well, we want to take you out there live and there it is. it will leave in just 25 minutes and guess what it even includes whyfie an offers trips to sacramento and reno as well as trips from san jose to oakland to los angeles and the company is briefly operating in 2 -- was recently briefly operating in 2007. >> wouldn't you want to watch ktvu channel 2 news on your iphone. i am thinking about what sal was saying about our roads this morning. >>> it is going to be wet and i think if you are driving give yourself extra time this morning and perhaps you want to take your cup of coffee with you on the road instead of having it at home. right now southbound, traffic is moving well and it is wet out there. steve showed us a little while ago, showers are moving through and you might have to use windshield wipers as well and ta
MSNBC
Dec 11, 2012 8:00pm PST
coverage as outlined by obama care. the health care law calls for medicaid to be expanded to anyone who earns up to 133% of the poverty line. under the law, the federal government would cost -- would cover the cost of new enrollment until 2016. then their share would be dropped to 90% by the year 2022. nine states have said no to expansion, despite the huge federal funding. and some states want partial expansion. but today, the administration said no way. states must expand medicaid all the way if they want to receive full obama care funding. let's turn to the former director of the office of consumer information and insurance oversight, with the health and human services department. and also msnbc contributor e.j. dion, "washington post" columnist and author of "our divided political heart." thanks for joining us tonight. jay, these health insurance ex-change, where have they important and what does it mean if states say they're not going to go down this road? >> they're important, because they enable individuals to get together and have the bargaining power together that big busin
FOX Business
Dec 12, 2012 11:00am EST
? >> president obama said that he is not going to send weapons at this point in time. he will be calling for further economic financial and diplomatic measures here and elsewhere. we think that the new leadership of the opposition will sideline before we engage. dagen: greatest threat to us right now. pick a country, pick a group. >> it will always be iran. it is still growing. they have done benghazi. they may do more in the future, unfortunately. dagen: it was great to see you. thank you for your insight. connell: this right to work campaign in michigan. the bill getting signed into law last night. could it be an example for other states. dagen: and stubhub. where are the yankees? here are some of today's winners on the s&p 500. ♪ [ male announcer ] this is steve. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the marke he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market is doing and be
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